Budgetary comparison schedule. The preclosing trial balance of the general fund of Shorewood Village for fiscal year ended June 30, 2019, is as follows: 11eb5b63_58e7_5edd_bcf8_65fa3079c8c4_SM1534_00 11eb5b63_58e7_85ee_bcf8_674088efe4a9_SM1534_00 1. Prepare closing entries. 2. Prepare a budget to actual comparison schedule. (Assume there are no differences between the original and final budgets.) 3. Prepare a balance sheet as of June 30, 2019.

Advanced Accounting 11th Edition by Paul Fischer,William Tayler, Rita Cheng

Edition 11ISBN: 978-0538480284

Advanced Accounting 11th Edition by Paul Fischer,William Tayler, Rita Cheng

Edition 11ISBN: 978-0538480284

Exercise 10

Budgetary comparison schedule. The preclosing trial balance of the general fund of Shorewood Village for fiscal year ended June 30, 2019, is as follows:

1. Prepare closing entries.
2. Prepare a budget to actual comparison schedule. (Assume there are no differences between the original and final budgets.)
3. Prepare a balance sheet as of June 30, 2019.

Explanation

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• Close the Outstanding Encumbrances as ...